Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Vuk Zdinjak

Cannabis Company Pineapple Inc. No Longer A 'Grey Market' Stock

PINEAPPLE, INC. (OTCPK: PNPL) announced it is no longer a “grey market” stock and apprised shareholders of its progress as related to its anticipated OTCQB tier upgrade.

“We have completed the necessary steps to be designated as a “Pink Current Information” company with OTC Markets and are no longer designated as grey market. The company is currently pursuing an OTCQB designation, which is a higher trading tier on the OTC Markets platform,” CEO and president Shawn Credle stated.

Matthew Feinstein, director at Pineapple, added, “We are deeply focused on securing regulatory approval so that normalized trading can commence for our shareholders. We hope to be nearing the finish line as related to the review of our 15c2-11 application and will be updating our shareholders once completed.”

 

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.